Wednesday’s Stocks to Watch: Jabil Circuit, Accenture

Jabil jumps on a strong profit report

Jabil Circuit (NYSE:JBL) rose more than 9% in early Wednesday trading after the company beat Wall Street’s fiscal fourth-quarter profit and revenue expectations late Tuesday, while also saying first-quarter earnings would beat current estimates.

Accenture (NYSE:ACN) gained 2.4% after the company beat fiscal fourth-quarter profit and revenue expectations and said first-quarter revenue would beat analysts’ estimates. The company also initiated an additional $5 billion stock buyback and raised its dividend by 50%.